MrVolcano

EURGBP - Trend line support broken, Downtrend intact

Short
MrVolcano Updated   
FX:EURGBP   Euro / British Pound
4
EURGBP closed below trend line support yesterday, presenting a nice opportunity to head lower.

Expecting a retest of the trendline as resistance, so will place an order entry 0.8598

TP1: .8550
TP2: .8500
TP3: .8450


Daily
Trade closed: stop reached:
SL was too small. SL would have been safer tucked above the recent swing high for better safety.

Otherwise this would been a good trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.